49 Park Street, Newport, NH, 03773 | $600,000

Welcome to this exquisite 5, 000 square foot classic New England bed and breakfast, rich in history and charm. Perfectly located across from the bustling town common, it provides front-row access to local events like the Apple Pie Crafts Festival, lively concerts, the nation’s longest continuously-running winter carnival, and a scenic skating rink during winter. Currently a thriving Airbnb with five additional long-term tenants, this property offers a unique income-generating opportunity while maintaining a welcoming atmosphere for short-term guests. Whether visitors seek a peaceful retreat or an adventure-filled escape, this property delivers. It’s less than 10 minutes from Mount Sunapee Adventure Park, a summer destination, and the Mount Sunapee Ski Resort for winter sports enthusiasts, with the beautiful shores of Lake Sunapee just a short drive away. Ideal for those who love outdoor recreation, year-round events, and the warmth of small-town living, this home blends timeless New England beauty with modern amenities. Whether you plan to continue operating a successful B&B, expand rental opportunities, or simply enjoy the tranquility of the area, this property is a true gem.

Features

  • Units: 5
  • Style: Colonial
  • Year Built: 1865
  • Garage: 2-car Garage
  • Heating: Oil,Hot Water
  • Cooling: None
  • Basement: Bulkhead,Stairs - Exterior,Stairs - Interior,Unfinished,Interior Access,Exterior Access
  • Approx Sq. Feet: 5,022
  • Acreage: 0.47
  • Est. Taxes: $9,399
  • Lot Desc: Landscaped,Level,Near School(s)
  • Elem. School: Richards Elementary School
  • Middle School: Newport Middle and High School
  • High School: Newport Middle High School
  • School District: Newport Town School District
  • MLS#: 5014494
  • Website: https://www.raveis.com
    /prop/5014494/49parkstreet_newport_nh?source=qrflyer
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Listing courtesy of Coldwell Banker LIFESTYLES - Sunapee   Phone: 603-763-1271
Listing Agent: Michael Pitkin

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49 Park Street, Newport, NH, 03773

$600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $480,000 $480,000 $480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.508% 7.171% 6.392%
Monthly Tax Payment $783 $783 $783
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,274 $3,190 $4,083
Total Monthly Payment $4,149 $4,065 $4,958

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.